News Details

( As on 11/11/2025 16:23)

Bharat Forge board approves fundraise of up to Rs 2,000 Crore

Bharat Forge Ltd on Tuesday announced that its board has approved a proposal to raise up to Rs 2,000 crore through various debt instruments, including term loans, non-convertible debentures (NCDs), or other similar options.

The board has granted in-principle approval for the fundraise and has delegated the authority to the Investment Committee – Strategic Business to finalize the details, the Pune-based company said in a statement.

Meanwhile, the company reported a net profit of Rs 299 crore for the July–September quarter of FY26, up from Rs 243 crore in the same period last year.